Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 33.42 to 55.3 . . 38.18 (78.24%)
Intermediate 55.3 to 37.53 42.86 (29.99%) . .
Short 42.81 to 37.53 . . 42.86 (100.95%)